The mission of the Noah Project is to consolidate and allow cryptocurrency users (customers, merchants, and traders) on-board around a very specific and intuitive platform that can seamlessly integrate all the existing features under the same structure. This platform comprises of remittance, mobile money, discounts, and trading services that give its users a unique and viable alternative to traditional methods. The customers of The Noah Project are users and supporters of the platform, people who are already using cryptocurrencies and all cryptoenthusiasts. The Noah Platform is optimized to provide the best services to help its users to embrace the best experience in utilizing cryptocurrency in its specific projects.

NOAHCOINS will be distributed to be used as digital tokens in any of the multiple projects of the Noah Project. This is a first of its kind in the market.

In early 2016, the Noah Project successfully completed its first token pre-sale stage from Japanese contributors, offering a discounted sale price to preferred early token buyers. Shortly after, it completed its second stage of token pre-sale with the announcement of the Noah City project in the Philippines. In these two stages, it raised a total of US$110 Million. The next stages of the Project will now start with the improvement of the cryptocurrency platform and ecosystem, as well as more exciting projects and opportunities for its members and users.

THE NOAH ECOSYSTEM

Following the success of the first two stages of the project, Noah has begun development of its cryptocurrency platforms for cross-border remittances, business payments, and its own cryptocurrency wallet for its users and customer base. This development will allow all users to use its own cryptocurrency platform designed with the project in mind. Users will be able to store, transfer, and trade cryptocurrencies and NOAHCOIN tokens within the Noah Ecosystem as well as in all of its upcoming development projects.

The Noah Project encompasses several directions, including a modern payment system based on NoahCoin virtual currency, convenient Noah Ark crypto wallet, and the world’s first crypto City, where Noah token holders will have access, special privileges, discounts, cash backs and loyalty programs. According to the Noah’s plan, the future City will become a paradise for all crypto enthusiasts — with shops, restaurants, hotels and even resorts.

NOAHCOIN

The NOAH tokens are issued in order to conduct payments inside the ecosystem of core projects, the ecosystem is committed to offering lucrative prices in NOAH to lure customers to pay in tokens, subsequently creating demand for NOAH. Some of the internal NOAH services may be paid only in NOAH, confirming stable market necessity for tokens. The model assumes, that the networking effect, reached by the increased circulation of token inside the ecosystem, will lead to increased use NOAH in respect to number of users and transactions.

TOKEN BASIC FUNCTION

NOAH ecosystem has digital accounting unit of NOAH token. Total supply of tokens is mathematically constrained and embedded in the source code

1. Payment method in the Noah’s economics and its ecosystemInternal token will be used as a payment method in the Noah’s economics and will be used for payment for services2. Tool of customer loyalty system and cash-back programThe use of an internal token allows customers to participate in the Noah’s bonus programs, as well as receive increased cashback for certain categories of purchases in shop-partners3. Value transfer tool, which decrease transaction costs of money transfer and open financial bordersMain attention is concentrated on providing easy access for contributors to transfer capital with the lowest transaction costs